Sessions
BITCOIN - More Than Just Another Bad ‘B’ Word
Tapping Technology
Presented by: Mike Widdis, ICIA, CPB
Bitcoin - labeled as a “bad B word” - has been given a bad rap. Many of you wonder about it yourselves, and may have customers asking you about it, too. The bottom line: No, it’s not just for criminals – and no, you won’t go to jail for accepting Bitcoin as a form of payment.
During this session, Mike will walk you through:
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what CRA has to say about Bitcoin
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the upsides (and downsides) of working with Bitcoin
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what Bitcoin looks like from inside an accounting firm
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why his own firm ‘UpSide Accounting’ began accepting it as a form of payment
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and how (the hell) you properly book it!